Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261528 
Authors: 
Year of Publication: 
2019
Citation: 
[Journal:] Journal of Economic Structures [ISSN:] 2193-2409 [Volume:] 8 [Issue:] 25 [Publisher:] Springer [Place:] Heidelberg [Year:] 2019 [Pages:] 1-10
Publisher: 
Springer, Heidelberg
Abstract: 
We develop a novel linear equilibrium model with an Armington flavor. We provide (1) proof of the solvability of the model and of the existence and non-negativity of the equilibrium solution and of the newly derived multiplier matrix; we also show (2) that the standard Leontief multiplier matrix arises as a special case of this new model and (3) that this model allows the computation of multiplier effects with no external output bias, which is particularly relevant for applied economic analysis.
Subjects: 
Armington principle
Extended linear equilibrium model
Solvability
Technological productivity
JEL: 
C62
C67
D57
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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